PancakeSwap has launched liquidity pool rewards for sUSDD-USDT and USDD-USDT on Merkl, with a total reward pool exceeding 125,000 USDD. Users providing liquidity on PancakeSwap can now claim these rewards on Merkl. USDD, a decentralized stablecoin, is deployed on major blockchains such as TRON, Ethereum, and BNB Chain, boasting a total value locked (TVL) of $514 million and a circulation of $412 million.
The yield-bearing token sUSDD, offering up to 12% annual percentage yield (APY), has achieved a TVL of over $60 million since its launch on October 6. This development aims to enhance liquidity and incentivize participation in the USDD ecosystem.
PancakeSwap Launches sUSDD-USDT and USDD-USDT Pool Rewards on Merkl
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